Answer: Option B. -> False
:
B
False.The workers of a formal sector areentitled to social security benefits like pension, medical allowance etc.

Answer: Option C. -> Both (a) and (b)
:
C
Both regular and casual workers are hired for wages.

Answer: Option A. -> True
:
A
True.Employment is an economic activity which enables a person to earn means of living.

Answer: Option B. -> The second part is correct
:
B
The first part of the statement is incorrect, but the second part is true.Being out of work is not necessarily the same as being poor, because savings, or family support can, for instance, provide a financial cushion during a short period of work. Over time, unemployment causes these resources to be used up. However, even a long period out of work may not result in poverty where members of a household, other than the household head, are earning. Similarly, all forms of poverty do not necessarily relflect unemployment. In relative poverty, you are poor relative to a group of people who may be earning more than you, when you are in unemployment.

Answer: Option A. -> It is difficult to estimate the value of household work.
:
A
Household work is excluded from the estimation of GDP because GDPmeasuresthevalueof economic activity within a country, and it is difficult to estimate the value of work performed by a household.

Answer: Option A. -> GDP
:
A
GDP is the total money value of all final goods and services produced in a country in a year.

Answer: Option D. -> all of the above
:
D
Social exclusion denies certain individuals the facilities, benefits, and opportunities to rise abover their status and be at par with others.

Answer: Option A. -> True
:
A
True.Persons who are engaged in economic activities are termed as workers and they constitute the workforce.

Answer: Option C. -> 1, 2 & 4 only
:
C
1, 2, & 4 are correct statements.

Answer: Option B. -> False
:
B
False.The activities which do not contribute to the gross domestic product are called non-economic activities.